Where is the right place seeking funds for trading?

Discussion in 'Prop Firms' started by orangelam, Nov 8, 2015.

  1. Handle123

    Handle123

    Not in this lifetime is anyone going to give you a dime. You need like two years of audited results, try Collective2. Betting on you is like throwing money to winds and hope it come back. But I am pretty sure you know this already.
     
    #11     Nov 9, 2015
  2. #12     Nov 9, 2015
  3. Al_Bundy

    Al_Bundy

    No problem in searching for investors' capital after you have an established trading strategy, but all you've got are 2 months worth of demo. In this case the only reason an investor would look at you is to have a good laugh.;)
     
    #13     Nov 9, 2015
  4. #14     Nov 9, 2015
  5. Handle123

    Handle123

    I think this is just another alias for someone been here awhile for sits and giggles, he just started to post yesterday.

    It is like someone opening a post on selling a rubber chicken and if you feed it rubber it will make rubber eggs.

    Just another waste of time.
     
    #15     Nov 9, 2015
  6. rmorse

    rmorse Sponsor

    You are in the same position as many. Sim trading only has value to test a strategy. Without real trading with a material amount of funds, it basically has little value. You need seed capital. If you can't get it from friends and family, you need to find seed capital from a stranger. We have had investors put up seed capital in the past, but it's a long shot. Even those traders had some real trading.

    Sim vs real trading has many differences. To me, the big one is fear and greed. Without fear and greed, you will never know what your returns will be.

    Good luck,

    Bob
     
    #16     Nov 9, 2015
    VPhantom likes this.
  7. alias...many ppl use alias, are you really called "handle"? name is not matter here. what matter is ideal and sharing... all i said about my trading model is real. yes, i just found this yesterday. but what does it represent? more experience mean what? mean earn money? no. admittedly, i am new in trading. for knowledge, i do know less than 90% of traders. but does knowledge mean earn money? no, i have been very focus on exploring a specific strategy. i finally do it. now i just wait for a chance, wait for my boss come. i am not arrogant, frankly speaking, one profitable strategy already better than 10000 books, 10000 indicators etc...

    do you know why only 1% ppl are top? becasue other 99% ppl follow the conventional path and only 1% ppl know the skills to win. for me, i am not following anyone or any knowledge. all by my own observation. if i follow them, i do think i am not genius enough to think the trick/skill in the normal path that's why i explored a new way by myself. sorry if you are angry, i do think what i said is fair.
     
    #17     Nov 9, 2015
  8. " i do think what i said is fair. "

    I think we should appreciate other people's belittling and doubts, that would provide us the positive energy we need to proceed/succeed!

    Good luck!
     
    #18     Nov 9, 2015
  9. actually in this industry, many people/traders do have many ideas and opinions. we cannot control what other said actually. i do believe profit record transcend everything even if the trader is dumb, agree? i do think boss really care is not what you said, is your records. without capital, i just tried my best to do what i can do, optimized the simulators. every trader starts with simulator, i will try my best to find investors. thank you very much
     
    #19     Nov 9, 2015
  10. Handle123

    Handle123

    Angry? LOL, I seldom get angry, 95% lose for a host of reasons and generally they are too smart, they are unable to stay with a set of rules more than couple losses, and most don't keep hugely backtested stats.

    Your have backtested this how long? If you noticed this forum more for Traders and not Investors. For long term systems, I will back test 50 years or longer on weekly bars, for myself anything under 3,000 sample size is just too small and for day trading my last system had over 26,000 sample size. You have to know what kinds of drawdowns in all economy cycles it will do. You will never be able to continue 20% per month if you do litely traded stocks if your account grows too big as you will be paying overpriced to get in.

    You intentions might be good, but people simple not going to toss money into someone who has no history no matter how much you might tested or simmed. I have several methods that can double every 3 months, but when traded real time they simple lose cause you have slippage, always giving up the tick and commissions can be high.

    Do you realize most people on this forum have seen mountains of vendors offering huge returns? Larry Williams back in the 80s did over 10,000% return in one year and yet managing money he lost the next year. At one time he was actually up over 30,000%. Few years later even his daughter won contest, don't know if she even managed money next year.

    When I use to teach folks how to day trade for a fee, I gave them three years of monthly brokerage statements and my fee came from their profits. If you have some type of audit returns for min of year, then people have something to go on, but even then it bot going to be easy. Dealing with the public is a pain in the arse.

    https://collective2.com/?creativeid=75530120901&keyword=collective 2&campaignid=16452501&adgroupid=460569561&utm_nooverride=1&gclid=CLiZ_qyNg8kCFQYdaQodFCoLSw
     
    #20     Nov 9, 2015